20 Sugar DrEast New MarketMD21631
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in East New Market at 20 Sugar Dr, East New Market, MD, 21631 priced at $339,950 converts $2,470/mo rent into $356/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,470/mo, and annual cash flow totals $4,267/yr on $112,693 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 8.72% against a $339,950 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,922 by year five. Five-year ROI reaches 123.19% and total cumulative return in cash sums $138,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,470/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2004
10,238 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 21631, East New Market, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,256 (100%) |
| Owner Occupied HU | 972 (77.4%) |
| Renter Occupied HU | 155 (12.3%) |
| Vacant Housing Units | 129 (10.3%) |
| Median Home Value | $282,824 |
| Average Home Value | $279,347 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,022
Multi-Family
19
Businesses
38
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Listed by: Alma Fitzgerald • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #MDDO2010542